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Company

Lucara Diamond Corp

TSE:LUC

Lucara Diamond Corp. is a new diamond producer. It's key asset is the Karowe Mine in Botswana. The 100% owned Karowe Mine is a newly constructed state-of-the-art mine which was fully commissioned in Q2 2012 . The Karowe Mine is a large scale asset with tonnage and throughput upside and production has consistently included large, Type IIA stones. Lucara is a member of the Lundin Group of Companies and is listed on the TSX Exchange, Nasdaq Stockholm and the Botswana Stock Exchange under the symbol "LUC".

31 stories

Mining

Lucara Diamonds' second tender reassures Dundee

Lucara Diamond's second exceptional stone sale of the year reassured broker Dundee that the Botswana-focused group's annual revenue guidance of between $200mln and $220mln is achievable, it said, repeating a 'buy' on the shares.

By Proactive

Mining

TSX rallies as exports surge in July, ECB expands stimulus

Canadian shares rallied on Thursday as Canadian exports surged for a second month in July and  the European Central Bank revamped its quantitative-easing program. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) rose 0.7

By Proactive

Mining

TSX stretches rout as commodities lead losses

Canadian shares extended loss on Tuesday, tracking global markets after a 6 percent slide in Chinese stocks, following signs China’s economy is weakening further. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPT

By Proactive